SBI Corporate Bond Fund Direct Growth

SBI Corporate Bond Fund Direct Growth

NAV as on 17-04-2025

₹ 15.79

0.2%

1D

Inception Returns

7.6%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
171 people have invested ₹ 46.5L in SBI Corporate Bond Fund Direct Growth in the last three months

About SBI Corporate Bond Fund Direct Growth

SBI Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 February, 2019. The fund is managed by Ardhendu Bhattacharya, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Corporate Bond Fund Direct Growth has ₹22154 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

SBI Corporate Bond Fund Direct Growth has given a CAGR return of 7.63% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.99%, 7.44% and 6.90% respectively.

Holdings

SBI Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.79% Govt Stock 2034, National Bank For Agriculture And Rural Development, Larsen And Toubro Limited, HDFC Bank Ltd., Tata Communications Limited

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of SBI Corporate Bond Fund Direct Growth

The investment objective will be to provide the investors an opportunity to predominantly invest in corporate bonds rated AA+ and above to generate additional spread on part of their debt investments from high quality corporate debt securities while maintaining moderate liquidity in the portfolio through investment in money market securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Corporate Bond Fund Direct Growth has no lock in period.

SBI Corporate Bond Fund Direct Growth Overview

Expense ratio0.35%
Benchmark
NIFTY Corporate Bond TR INR
AUM₹22154 Cr
Inception Date1 February, 2019
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
97.89%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (17-Apr-25)

Period
SBI Corporate Bond Fund Direct Growth
Corporate Bond Index
1M
2.2%
1.6%
3M
3.4%
2.7%
6M
5%
4.1%
1Y
10%
8.8%
3Y
7.4%
6.9%
5Y
6.9%
6.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Corporate
66.9%
Government
28.2%
Cash Equivalent
4.9%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 22.2K Cr
₹ 20.7K Cr
₹ 20.3K Cr
  • AUM of the fund stands at 22.2K Cr as of Mar'25
  • AUM increased by 1.5K Cr between Mar'25 and Feb'25
Top Stocks bought last month
Power Finance Corporation Ltd.'s allocation increased from 0.25% to 2.17%
Power Finance Corporation Ltd.'s allocation increased from 0.25% to 2.17%
Small Industries Development Bank Of India's allocation increased from 0.99% to 2.86%
Small Industries Development Bank Of India's allocation increased from 0.99% to 2.86%
India Grid Trust's allocation increased from 0.44% to 1.6%
India Grid Trust's allocation increased from 0.44% to 1.6%
Top Stocks sold last month
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 4.78 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 4.78 %
Sikka Ports & Terminals Limited's allocation decreased from 5.26 % to 1.84 %
Sikka Ports & Terminals Limited's allocation decreased from 5.26 % to 1.84 %
Sundaram Finance Limited's allocation decreased from 5.26 % to 1.7 %
Sundaram Finance Limited's allocation decreased from 5.26 % to 1.7 %
Cash allocation has gone down from 9.4% to 4.3%
Cash allocation has gone down from 9.4% to 4.3%
Debt allocation has gone up from 90.3% to 95.5%
Debt allocation has gone up from 90.3% to 95.5%

Top 2 Sectors in March were Corporate, Government

Mar'25
Corporate
67%
Government
28%
Feb'25
Corporate
73%
Government
19%
  • Debt & Cash

Holdings
Weight%
1M Change
6.79% Govt Stock 2034
6.79% Govt Stock 2034
8.46%
-4.4%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.68%
0%
Larsen And Toubro Limited
Larsen And Toubro Limited
3.85%
0%
HDFC Bank Ltd.
HDFC Bank Ltd.
3.37%
0%
Tata Communications Limited
Tata Communications Limited
2.95%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Corporate Bond Fund Direct Growth
SBI Corporate Bond Fund Direct Growth
9.99%
7.44%
6.9%
7.63%
Nippon India Corporate Bond Fund Direct Plan Growth Plan
Nippon India Corporate Bond Fund Direct Plan Growth Plan
10.38%
8.05%
7.42%
8.11%
Axis Corporate Bond Fund Direct Growth
Axis Corporate Bond Fund Direct Growth
10.29%
7.92%
7.66%
7.75%
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth
10.14%
7.8%
7.5%
8.33%
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Ardhendu Bhattacharya
Ardhendu Bhattacharya
Fund Manager of SBI Corporate Bond Fund Direct Growth, since 1 December 2023
Top funds managed
Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Corporate Bond Fund Direct Growth, since 1 February 2019
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Equity Hybrid Fund Direct Growth
12.38%
13.1%
SBI Liquid Fund Direct Plan Growth
6.84%
6.46%
SBI Savings Fund Direct Plan Growth
7.23%
6.64%
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.37L Cr
as on 31-Mar-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
In the last 1 year, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 10.38% return, outperforming this fund by 0.4%.
Insights icon
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.5%.
Insights icon
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 8.05% return, outperforming this fund by 0.61% per annum.
Insights icon
Over the last 1 month, this fund has increased expense ratio by 2.9% moving from 0.34 to 0.35.
Insights icon
In the last 5 years, Axis Corporate Bond Fund Direct Growth has given 7.66% return, outperforming this fund by 0.76% per annum.
Insights icon
Over the last 3 months, this fund has experienced a 8.5% growth in AUM moving from 20.41K Cr to 22.15K Cr.

SBI Corporate Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.63% since inception which is more than its category average return of 6.44%
AUM size ₹22154 Cr

AUM size ₹22154 Cr

This fund has AUM of ₹22154 Cr which is more than its category average of ₹ 8003 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions for SBI Corporate Bond Fund Direct Growth

The current NAV of SBI Corporate Bond Fund Direct Growth is ₹15.79 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
SBI Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.2%
2.2%
6 Month Returns
5%
5%
1 Year Returns
9.99%
9.99%
3 Years Returns
24.03%
7.44%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.35% as on March 2025
₹22154 Cr as on March 2025
6.79% Govt Stock 2034(8.46%), National Bank For Agriculture And Rural Development(4.68%), Larsen And Toubro Limited(3.85%), HDFC Bank Ltd.(3.37%), Tata Communications Limited(2.95%) as on March 2025
Corporate(66.92%), Government(28.19%), Cash Equivalent(4.89%) as on March 2025
Yield to Maturity is 7.36 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.85 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Ardhendu Bhattacharya, Rajeev Radhakrishnan are the fund managers of SBI Corporate Bond Fund Direct Growth
The Exit load of SBI Corporate Bond Fund Direct Growth is 0%